"We continue to see significant growth opportunities in our lifestyle brands, and we are committed to investing in product innovation to cater to evolving consumer preferences." - Dave Powers, CEO
— Dave Powers
03Detailed Report
DECK
Deckers Outdoor Corporation
Period
Q1 2026
CurrencyUSD
Report TypeQuarterly Earnings
GeneratedJun 5, 2026
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Executive Summary
Deckers Outdoor Corporation (DECK) reported robust profitability performance with net income growth of 20.39% year-over-year (YoY), even as revenues declined by 5.60% quarter-over-quarter (QoQ) to $964.54 million for Q1 2026. The company's gross profit increased by 18.88% YoY, driven by higher gross profit margins of 55.77%, reflecting effective cost management measures. However, the decrease in revenue compared to the previous quarter signals potential challenges in sustaining sales momentum in a competitive consumer cyclical market. Management remains optimistic about strategic initiatives that target growth in key brands while acknowledging the current market headwinds.
Key Performance Indicators
Revenue
Increasing
964.54M
QoQ: -5.60% | YoY: 16.86%
Gross Profit
Increasing
537.91M
55.77% margin
QoQ: -9.94% | YoY: 18.88%
Operating Income
Increasing
165.29M
QoQ: -4.97% | YoY: 24.46%
Net Income
Increasing
139.20M
QoQ: -8.06% | YoY: 20.39%
EPS
Increasing
0.93
QoQ: -7.31% | YoY: 22.91%
Revenue Trend
Margin Analysis
Financial Highlights
1. Revenue Performance: Revenue for Q1 2026 was $964.54 million, a YoY increase of 16.86%, contrasted by a QoQ decline of 5.60%. Revenue growth indicates strong demand recovery post-pandemic, although recent QoQ performance raises concerns.
2. Profitability: Net income rose to $139.20 million, with net income margin at 14.43%, showcasing improved operational efficiency. Gross profit surged by 18.88% YoY to $537.91 million, indicating effective pricing and cost control strategies.
3. Balance Sheet Health: The total assets stood at $3.84 billion, overshadowing total liabilities of $1.37 billion, which provides a healthy equity position of $2.47 billion. Cash and equivalents totaled $1.72 billion, offering significant liquidity to weather short-term pressures.
4. Cash Flow: EBITDA was reported at $165.29 million, with an EBITDA margin of 17.14%, suggesting strong operational cash flow generation despite revenue fluctuations.
Income Statement
Metric
Value
YoY Change
QoQ Change
Revenue
964.54M
16.86%
-5.60%
Gross Profit
537.91M
18.88%
-9.94%
Operating Income
165.29M
24.46%
-4.97%
Net Income
139.20M
20.39%
-8.06%
EPS
0.93
22.91%
-7.31%
Key Financial Ratios
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